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SBA lender profile

Southern Michigan Bank & Trust

Southern Michigan Bank & Trust appears in the public SBA loan data with 62 funded 7(a) loans since FY2010, totaling $41.4M, an average of $668K per loan, and an estimated 940 jobs supported. Its SBA lending concentrates in Michigan and the Retail Trade sector. Across its 7(a) loans, the charge-off rate is 0.0%.

By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, FY2010–2026 (as of 2026-03-31)

Track record 82
Scale 45
Activity 54
Consistency 72

A relative profile signal from the public SBA record, not a prediction of approval or a guarantee.

Funded loans
62
Since FY2010
Total volume
$41.4M
Average loan size
$668K
7(a) charge-off rate
0.0%
Share of 7(a) loans charged off
Jobs supported (reported)
940
Programs
7(a)

Is Southern Michigan Bank & Trust the right lender for you?

Lenders fund what they know. Southern Michigan Bank & Trust's SBA lending concentrates in Michigan (60 loans) and Retail Trade (19 loans), at an average loan of $668K. If your business does not look like that, a different SBA lender is likely the better fit.

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Bank profile

via FDIC
Total assets
$1.7B
Headquarters
Coldwater, MI
FDIC cert
#5019
Status
Active

Where Southern Michigan Bank & Trust lends

Top states by funded SBA volume.

StateLoansTotal volume
Michigan 60 $39.4M
New York 1 $1.8M
Indiana 1 $215K

Metro areas where Southern Michigan Bank & Trust funds

What Southern Michigan Bank & Trust funds

Top industries by funded SBA volume.

IndustryLoansTotal volume
Retail Trade 19 $16.3M
Accommodation and Food Services 9 $9.2M
Manufacturing 5 $4.5M
Other Services 14 $3.6M
Construction 2 $2.1M
Transportation and Warehousing 1 $1.7M

Southern Michigan Bank & Trust SBA lending by year

Funded SBA volume by approval fiscal year (FY2010–2026).

Fiscal yearLoansTotal volume
20112$1.8M
20128$4.2M
20131$150K
20152$511K
20167$3.6M
20174$850K
20186$5.9M
20192$2.4M
20207$2.8M
20217$2.0M
20228$7.5M
20232$534K
20255$7.1M
20261$2.0M

Related SBA lenders

Other lenders active in Michigan or in Retail Trade.

Comparing lenders? See how to choose an SBA lender by track record.

Southern Michigan Bank & Trust: frequently asked questions

Does Southern Michigan Bank & Trust offer SBA loans?

Yes. Southern Michigan Bank & Trust appears in the public SBA data with 62 funded SBA 7(a) loans totaling $41.4M.

How many SBA loans has Southern Michigan Bank & Trust made?

Southern Michigan Bank & Trust is associated with 62 SBA 7(a) loans totaling $41.4M in the public SBA data (as of 2026-03-31).

What is Southern Michigan Bank & Trust's SBA charge-off rate?

About 0.0% of Southern Michigan Bank & Trust's 7(a) loans in the data have been charged off. A lower rate is generally a better sign, but it is not a lifetime default rate; see our methodology for how it is calculated.

Where does Southern Michigan Bank & Trust do most of its SBA lending?

Southern Michigan Bank & Trust's SBA lending in the data is most concentrated in Michigan, and by industry in Retail Trade.

For Southern Michigan Bank & Trust

This page is the public view of your institution's SBA record: rank, trajectory, and market position, computed from the complete public 7(a)/504 dataset. The full competitive picture (your share against named competitors by state and industry, and the growing markets you're absent from) is available to your team.

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Sources and disclaimer. All figures are computed from the U.S. Small Business Administration's public FOIA 7(a) and 504 loan data (as of 2026-03-31), as described in our methodology. The charge-off rate is the share of Southern Michigan Bank & Trust's 7(a) loans marked charged off (504 loans do not report charge-off status); it is not a lifetime default rate. SBA Loan Index is not affiliated with the SBA and is not a lender, broker, or financial advisor. This is general information, not advice.
Cite this analysis

Mario Bailey. (2026). Southern Michigan Bank & Trust SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/southern-michigan-bank-trust/

Free to cite and quote with attribution and a link. Members of the press can reach us via our press page.

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